LNG

Japanese contracted spot LNG cargo prices for June rose to $3.80 per million British thermal units after falling to a record low of $2.20 per MMBtu in the previous month of May, though are still well down on June 2019 when they were valued at $5.50 per MMBtu.

Singapore LNG spot forward cargo prices jumped by as much as 25 percent in the past week as demand improved in Asia and December quotes appeared for shipments for China and South Korea at US$6.650 per million British thermal units.